Lockheed Martin (NYSE: LMT) has been named prime contractor of U.S. Special Operations Command's (USSOCOM) next-generation logistics and sustainment support program.

The Special Operations Forces Global Logistics Support Services (SOF GLSS) program is the competitive follow-on contract to the Special Operations Forces Contractor Logistics Support Services (SOF CLSS) contract awarded in 2010 and managed by Lockheed Martin.

SOF GLSS is USSOCOM's largest service contract vehicle, providing the full scope of logistics services required to support the U.S. Special Operations community. It is a 10-year Indefinite Delivery/Indefinite Quantity contract with an $8 billion ceiling.

Under the SOF GLSS contract, U.S. Special Operations Forces will receive a wide variety of advanced logistics, maintenance and sustainment services across aviation, ground and maritime platforms. In addition, the Lockheed Martin SOF GLSS team will provide USSOCOM with total global logistics support services.

USSOCOM's Program Executive Office for Special Operations Forces Support Activity oversees the contract. Lockheed Martin will continue to execute day-to-day activities and conduct sustainment and life cycle management of:

Global supply chain of parts, warehouses and depots;

Aircraft, vehicle and equipment repair, maintenance and modifications; and

Critical infrastructure support and business process transformation

"After nearly a decade of successful logistics and sustainment performance on the SOF CLSS program, we look forward to continuing to transform the SOF logistics enterprise on a global scale," said Paul Lemmo, vice president of Fire Control/SOF CLSS at Lockheed Martin Missiles and Fire Control. "We are honored to have been selected for the SOF GLSS program and have the right team in place to ensure our Special Operators have what they need, when and where they need it."

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 97,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.